OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 ¯ (860) 240-0200

http: //www. cga. ct. gov/ofa

sHB-5527

AN ACT CONCERNING TEXTBOOK AFFORDABILITY.

As Amended by House "A" (LCO 4172)

House Calendar No. : 45

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 07 $

FY 08 $

UConn

GF - None

None

None

Note: GF=General Fund

Municipal Impact: None

Explanation

Adopting policies that would allow students to purchase textbooks during the first week of an academic term using financial aid that the students may not have yet received results in no fiscal impact to any of the constituent units of higher education. In some cases this is current practice and if not can be accommodated within the existing administrative structure without the need for additional resources.

House “A” (LCO 4172) is technical and has no fiscal impact.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.